Velpic continues its expansion in e-learning

Published at Mar 10, 2016, in Technology

E-learning provider The Velpic Group (ASX:VPC) is preparing to launch Version 3.0 of its cloud based platform.

Velpic’s platform provides scalabale, cloud-based training, induction and education solutions for businesses that can create their own training programs to be distributed to staff.

As part of preparations for the launch of Version 3.0, which will specifically target Small to medium businesses, Velpic has launched a new website containing new product pricing and information about the coming platform. New pricing is complementary to the existing Enterprise Velpic platform.

The new platform includes several new features: streamlined workflows, updated administrator dashboards and consolidated reporting features. It also features enhanced training capabilities for SMEs.

Velpic sees SMEs as a rapidly growing market segment of the Learning Management Systems (LMS) market.
Version 3.0 will be available in the third quarter of 2016.

“The release of pricing and updated features to the platform is an essential step in the ongoing preparations of Version 3.0,” said Velpic Chief Executive Russell Francis.

“The updated website opens up our platform to customers of any size.”

Francis said the new website was part of a broader strategy to increase Velpic’s market penetration in the LMS sector.
Velpic has been busy shoring up its market strategy and furthering its business ambitions.

It has secured a number of new enterprise clients including major companies Cargotec, NRW and Southern Cross Electrical Engineering. The clients cross a broad spectrum of industries: engineering, resources and hospitality and retail.

The signings come after Velpic introduced business development managers across Australia, which has enabled it to expand operations through NSW, Victoria and Queensland.

Velpic has also launched its brand in New Zealand.

Velpic has also signed a number of new reseller agreements to extend its sales reach and give it further access to the SME market.
Russell Francis spoke further about his strategy with Peak Asset Management.

The company expects these agreements to open up new growth revenue opportunities.

Managing the reseller program will be new Partner Program Manager Carrie Flanagan, who has worked in Europe and North America in Saas sales and marketing.

“I am pleased to welcome Mrs Carrie Flanagan as Velpic’s new Partner Program Manager, with responsibility for the Company’s reseller agreements,” said Francis. “Mrs Flanagan joins the company with extensive international Saas experience and will be an asset in this exciting time in the Company’s journey.”

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